Sowell Financial Services LLC Purchases 10,581 Shares of Allegion PLC $ALLE

Sowell Financial Services LLC purchased a new position in Allegion PLC (NYSE:ALLE) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 10,581 shares of the scientific and technical instruments company’s stock, valued at approximately $1,627,000.

Several other large investors also recently modified their holdings of ALLE. Dimensional Fund Advisors LP increased its position in Allegion by 1.6% during the first quarter. Dimensional Fund Advisors LP now owns 853,222 shares of the scientific and technical instruments company’s stock valued at $123,952,000 after acquiring an additional 13,186 shares during the last quarter. Hawk Ridge Capital Management LP boosted its position in Allegion by 32.9% in the first quarter. Hawk Ridge Capital Management LP now owns 802,807 shares of the scientific and technical instruments company’s stock worth $116,640,000 after purchasing an additional 198,800 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Allegion by 19.4% during the 1st quarter. The Manufacturers Life Insurance Company now owns 599,326 shares of the scientific and technical instruments company’s stock valued at $87,076,000 after purchasing an additional 97,304 shares during the period. Boston Trust Walden Corp grew its stake in shares of Allegion by 8.1% during the 1st quarter. Boston Trust Walden Corp now owns 566,792 shares of the scientific and technical instruments company’s stock valued at $82,349,000 after purchasing an additional 42,660 shares during the period. Finally, Bank of America Corp DE grew its stake in shares of Allegion by 5.5% during the 1st quarter. Bank of America Corp DE now owns 542,132 shares of the scientific and technical instruments company’s stock valued at $78,766,000 after purchasing an additional 28,449 shares during the period. Institutional investors own 92.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ALLE. JPMorgan Chase & Co. upped their price target on shares of Allegion from $150.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Weiss Ratings raised shares of Allegion from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Robert W. Baird set a $170.00 price objective on shares of Allegion in a report on Friday, July 24th. Finally, Evercore restated an “outperform” rating and set a $180.00 target price on shares of Allegion in a research report on Tuesday, September 22nd. Three equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $162.50.

Insider Transactions at Allegion

In related news, SVP Vincent Wenos sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $168.25, for a total transaction of $168,250.00. Following the completion of the transaction, the senior vice president directly owned 12,096 shares in the company, valued at approximately $2,035,152. The trade was a 7.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Steven Mizell bought 170 shares of Allegion stock in a transaction that occurred on Friday, August 28th. The stock was purchased at an average cost of $158.28 per share, with a total value of $26,907.60. Following the completion of the acquisition, the director directly owned 5,899 shares in the company, valued at $933,693.72. This represents a 2.97% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 0.64% of the company’s stock.

Key Stories Impacting Allegion

Here are the key news stories impacting Allegion this week:

• Positive Sentiment: Q3 results exceeded expectations: Allegion reported adjusted earnings of $2.60 per share, above the $2.50 consensus estimate, while revenue reached $1.17 billion versus expectations of $1.14 billion. Revenue grew 9.6% year over year, and earnings increased from $2.30 per share in the prior-year quarter. Allegion third-quarter earnings report
• Positive Sentiment: Guidance was raised: Management increased its 2026 adjusted EPS outlook to $9.05-$9.10, signaling confidence in continued operating momentum and margin expansion. The company also raised its full-year revenue outlook. Allegion raises 2026 earnings outlook
• Positive Sentiment: Americas demand remained strong: The earnings call highlighted robust growth in the Americas, with non-residential activity helping offset pressure in other regions. This regional strength was the main reason investors responded favorably to the report. Allegion earnings call highlights
• Neutral Sentiment: Allegion Ventures made a follow-on investment in Ambient.ai, a company developing agentic physical-security technology. The investment supports Allegion’s longer-term innovation strategy but is unlikely to materially affect near-term earnings. Allegion Ventures investment in Ambient.ai
• Negative Sentiment: International markets remained comparatively weak, creating an offset to the Americas-led performance and representing a risk to the company’s growth outlook if the softness persists.

Allegion Trading Up 10.7%

NYSE:ALLE opened at $176.01 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.93 and a quick ratio of 1.23. The firm has a market capitalization of $14.97 billion, a price-to-earnings ratio of 23.10, a price-to-earnings-growth ratio of 3.23 and a beta of 0.81. Allegion PLC has a one year low of $125.00 and a one year high of $183.11. The business has a fifty day moving average price of $156.04 and a 200-day moving average price of $146.13.

Allegion (NYSE:ALLE) last released its earnings results on Thursday, October 22nd. The scientific and technical instruments company reported $2.60 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.10. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.14 billion. Allegion had a return on equity of 35.41% and a net margin of 15.36%. Allegion’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the business earned $2.30 earnings per share. Sell-side analysts forecast that Allegion PLC will post 8.94 EPS for the current year.

Allegion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a $0.55 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $2.20 dividend on an annualized basis and a yield of 1.2%. Allegion’s dividend payout ratio is presently 28.87%.

About Allegion

Allegion plc (NYSE:ALLE) is a global security products and solutions company focused on protecting people and property. Its portfolio includes mechanical and electronic locks, access control systems, door closers, exit devices, door controls, and commercial doors and frames.

The company serves commercial, institutional, industrial, and residential customers through well-known brands including Schlage, Von Duprin, LCN, Steelcraft, Briton, and aptiQ. Its offerings range from traditional hardware to connected and electronic access solutions designed for offices, schools, healthcare facilities, multifamily properties, and homes.

Allegion was established as an independent public company in 2013 following its separation from Ingersoll Rand.